On Newstalk they just calculated that if instead of bailing out banks the Irish government gave the money to the people then every Irish citizen over 18 would get €200,000. Is that right? If so it's a shocking amount of money.
The concept is called trickle up economics and the basic idea is that instead of giving money to big business and waiting for the money to trickle down to small business and individuals you give the money directly to individuals. The money makes it into local shops and businesses then into the banking system and finally to big business but it's supposed to be a fairer way to distribute the money.
I can kind of see where they are coming from but surely it would be a nightmare to manage? There would be homes all over Ireland with 40 inch TVs in every room. I must read some more about this idea.